In parallel with the One Planet Summit, Arnold Schwarzenegger met with Valérie Pécresse, President of the Ile-de-France Region, and Jérôme Chatrier, Vice President of the Ile-de-France Region in charge of economy and labor, in order to prepare the creation of a consortium of top G20 regions that would be welcomed as new members of the R20.
Acting as a “political club”, the objective of this new R20 members’ coalition is two fold:
- To strengthen and accelerate the interest from Financial Institutions in infrastructure projects coming from sub-national authorities
- To leverage and utilize G20 regions’ expertise and companies to help their partner regions in the South to develop and implement low carbon and climate resilient infrastructure projects.